Wells Fargo Securities In early 2018, following five years of Dollar Menu replacement half measures, we expect McDonald’s to introduce a new value-menu platform that will have the national participation, consistency, flexibility and clarity that has not been seen since the Dollar Menu was pulled in 2013. McDonald’s multiyear struggle to find a compelling value menu replacement resulted in sizeable market-share loss -- especially with the value-focused customer.

Dalton Philips, the former‎ boss of supermarket chain Wm Morrison, is to return to the British high street in a leading role at one of Britain's fastest-growing casual dining groups. Sky News has learnt that Mr Philips will on Thursday be named as the chairman of Byron, the upmarket burger chain. Mr Philips will join alongside Andrew Manders, formerly of the Fired Earth‎ retail chain, who will become Byron's chief executive in place of the founder, Tom Byng.

Burger King (EUREX: 18860462.EX - news) 's parent company has approached ‎private equity firms about a Whopper of a deal to invest in its UK operations as it seeks to eke out cost-savings in an increasingly competitive market. Sky News has learnt that Restaurant Brands International (Frankfurt: 0R6.F - news) (RBI) is in talks with possible backers including Bridgepoint, the owner of Pret a Manger, about a transaction. Sources said that RBI had contacted several private equity groups about a deal that would see it become the master franchisee of the world's second-largest fast-food burger chain's operations in the UK.